bissett bullet: what is holding you back?
today’s bissett bullet: “what are the biggest fee growth challenges firms are facing?”
by martin bissett
today's features
salary and compensation outlook for small cpa firms 2025
cornerstone report
the 卡塔尔世界杯常规比赛时间 overview of what accountants can expect regarding annual salary and bonuses at small cpa firms – and what small cpa firms can expect to budget.
by 卡塔尔世界杯常规比赛时间 research
a combination of a talent shortage and the general economic environment could push payroll budgets up by as much as 16.9% in 2025 at small cpa firms, according to 卡塔尔世界杯常规比赛时间 research. but partners and owners could make even more.
battling the staffing crisis: is a little-known, but controversial, visa program the answer for 2025 hiring?
cornerstone report: h-1b hiring and salary trends in tax, accounting and finance
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the jobs outlook, salary trends, and election year politics.
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plus: comprehensive guides for accountants and cpa firms
- 卡塔尔世界杯常规比赛时间 research cornerstone reports provide decision-makers with data-based insights, useful reference points, and actionable intelligence.
- 卡塔尔世界杯常规比赛时间 research cornerstone reports provide decision-makers with data-based insights, useful reference points, and actionable intelligence.
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what it is. how it works. and what cpa firms are doing.
by 卡塔尔世界杯常规比赛时间 research
the h-1b visa program is vital for u.s. companies to hire highly skilled foreign workers in specialty occupations, including tax, finance, and accounting.
卡塔尔世界杯常规比赛时间 research estimates that as many as 46,000 tax, accounting and finance professionals work at u.s. firms under the h-1b program. this figure has received scant attention in the profession but is critical to its infrastructure. to the extent that it has received attention, critics say the program holds down salaries for u.s. workers.
in 2024, the biden administration eased restrictions on the h-1b visa program while clamping down on abuses. by 2025, with the trump administration, it had become a lightning rod of controversy.
the nation’s tech industry has a huge stake in the outcome. despite fluctuations in the number of h-1b workers requested and approved, the demand for h-1b workers in computer-related occupations remains strong, and h-1b workers play a critical role in the workforce.
create a culture of audit quality assurance
get a better result in less time.
by alan anderson, cpa
transforming audit for the future
for way too long, many firm leaders have equated quality in their audits with making it through the peer review process. peer review is important, but making quality all about that is like the american car executives whose production lines needed a guy with a rubber mallet at the end of the production line to make sure the door fit right. that’s quality control.
more: what quality in audit leadership means | business-minded approach helps build a better firm | are you looking at the big picture? | meet your client all year, not just during audit | give your audit teams tasks that increase business acumen | are you using the right business model? | give advice while remaining independent | stop mixing up your v’s and losing your best people | empower your team by dumping c and d clients | the new formula for an accounting business | how to upgrade c and d clients | eleven types of audit clients and which to fire | don’t risk losing good employees for bad clients | can a service center model solve audit staffing shortages? | don’t take on audits in an industry you don’t understand
exclusively for pro members. log in here or 2022世界杯足球排名 today.
quality assurance is making the guy with the rubber mallet irrelevant. the first-time right mindset is taking the japanese approach and making sure the door is designed so it fits correctly from the beginning.
quality control is at the end. quality assurance starts at the beginning and continues throughout the entire process. it’s not a one-time event.
read more →
ten things your tax clients need to hear | listicle
by 卡塔尔世界杯常规比赛时间 research
everybody resolves to get organized at the start of a new year. january 2 is the day to tell tax clients what they need to do for a hassle-free tax return. here’s a list of 10 things to tell them.
more listicles here
1. gather your documents
collect all tax-related documents, such as w-2s, 1099s, mortgage interest statements, charitable contribution receipts, and any other income or deduction records. (give them a complete list.) remind them where they can find these documents or when to expect them from employers, banks, etc.
2. add filing deadlines to calendars
list key filing deadlines, including the standard filing deadline and any relevant extension deadlines. you can also give them deadlines for sending you information and documents.
3. verify personal information
encourage clients to double-check their personal details – including social security numbers, addresses and dependent information – on all documents, as errors can delay processing.
4. track recent life changes
discuss how significant life changes like marriage, divorce, having a child, change in dependents, or moving can affect tax situations and deductions.
5. estimate quarterly taxes
for self-employed clients or those with significant non-wage income, review estimated tax payments and remind them that the fourth-quarter payment is due january 15.
6. maximize contributions
remind clients they can still contribute to iras, hsas and other accounts for the prior tax year up until april 15. tell them to record and document their contributions, ideally before they plan to file their return.
7. review deductions and credits
list deductions and credits they may qualify for, such as the child tax credit, earned income tax credit or education-related deductions. consider whether specific clients have special deductions and credits.
8. be aware of new tax laws
update clients on any changes in tax laws or irs regulations that could impact their filing this year. (update yourself, too!)
9. set up direct deposit
recommend clients provide direct deposit information for faster refunds if they’re expecting one.
10. avoid common mistakes
educate clients on common tax filing mistakes, such as math errors, missed deductions, or failure to sign and date forms. give them a list. this might be part of a tax-prep seminar.
taxpayers and tax preparers can both get stressed out at tax time. you can minimize the stress by helping clients stay in control.